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LME price continues to range trade, China’s primary production booms


1. LME price close at $... per mton, still unable to break away from range.

2. ALERT! - ALUMINUM PRODUCTION. BRISK EXPANSION: China’s primary aluminum production booming.

3. China’s aluminum price up but capped by technical resistance.

4. ALERT! – US SLAB. SLAB ALSO BEARISH? North American offshore slab imports may weaken in 2023.

5. LME Cash–3M contango at widest in two weeks as conditions continue to ease after December.